Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Industrials Aerospace & Defense

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It operates aerostructure, assembly and completion facilities in Canada, the United States and Mexico. Its robust customer support network services the Learjet, Challenger and Global families of aircraft, and includes facilities in strategic locations in the United States and Canada, as well as in the United Kingdom, Germany, France, Switzerland, Austria, the United Arab Emirates, Singapore, China and Australia. The Company's jets include Challenger 350, Challenger 3500, Challenger 650, Global 5500, Global 6500, Global 7500 and Global 8000.

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Bombardier Inc. > Eyeballing the post-ER trading in 2023

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Comment by Nordicoon Aug 17, 2023 1:00pm

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Post# 35593195

RE:RE:RE:RE:Eyeballing the post-ER trading in 2023

The big market down day on Tues really stalled the buying, for now. However, looking at Q1 ER dump as precedent, the SP went from $67s (at close before ER) to $53s over the ensuing month, then shot to $67 in two weeks.

Nordico wrote: Continuing the rebound from $55; manipulator algos switching to buy-mode, on cue.

Nordico wrote: Still following the 2023 pattern as we close the week; holding the bottom/rebound from $55ish. Expecting the algos to switch to 'buy mode' later this month/first half Sept.

Nordico wrote: So far following the pattern, with the post-ER mass-short/dump reaching mid-$50s, where buying kicked in; expecting another run to $67 within a month and a half.

Nordico wrote: Three quarterly ERs in a row now, there's been a huge dump/mass-short of shares in the trading days afterward from mid/high-$60s to mid-$50s, regardless of how good the results were. The past two times, there has been a return to mid-$60s within a few weeks. I think this will repeat once the manipulators switch to 'buy' mode yet again.